Intro Stats + New Mylab Statistics With Pearson Etext:
5th Edition
ISBN: 9780134210230
Author: De Veaux, Richard D.
Publisher: Pearson College Div
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 7.6, Problem 9JC
Back to our regression of house Price ($) on house Size (square feet):
The R2 value is reported as 57.8%, and the standard deviation of the residuals is $53,790.
9. You find that your house is worth $50,000 more than the regression model predicts. You are undoubtedly pleased, but is this actually a surprisingly large residual?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
On a recent calculus exam, a class mean was 75 with a standard deviation of 3.4. Calculate the z-score (to 2 decimal places) for a person who received score of 71.
On a recent calculus exam, a class mean was 69 with a standard deviation of 2.4. Calculate the z-score (to 2 decimal places) for a person who received score of 78.
z-score:
Is this unusual?
The patient recovery time from a particular surgical procedure is normally distributed with a mean of 4.1 days and a standard deviation of 3.9 days.
what is the z-score for a patient who takes 7 days to recover? (Round your answer to two decimal places.)
Chapter 7 Solutions
Intro Stats + New Mylab Statistics With Pearson Etext:
Ch. 7.4 - A scatterplot of house Price (in dollars) vs....Ch. 7.4 - A scatterplot of house Price (in dollars) vs....Ch. 7.4 - A scatterplot of house Price (in dollars) vs....Ch. 7.4 - A scatterplot of house Price (in dollars) vs....Ch. 7.4 - A scatterplot of house Price (in dollars) vs....Ch. 7.4 - Prob. 6JCCh. 7.6 - Back to our regression of house Price () on house...Ch. 7.6 - Back to our regression of house Price () on house...Ch. 7.6 - Back to our regression of house Price () on house...Ch. 7 - True or false If false, explain briefly. a) We...
Ch. 7 - True or false II If false, explain briefly. a)...Ch. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - Bookstore sales revisited Recall the data we saw...Ch. 7 - Prob. 6ECh. 7 - Prob. 7ECh. 7 - Prob. 8ECh. 7 - Bookstore sales once more Here are the residuals...Ch. 7 - Prob. 10ECh. 7 - Prob. 11ECh. 7 - Prob. 12ECh. 7 - Prob. 13ECh. 7 - Prob. 14ECh. 7 - Prob. 15ECh. 7 - Prob. 16ECh. 7 - More cereal Exercise 15 describes a regression...Ch. 7 - Prob. 18ECh. 7 - Another bowl In Exercise 15, the regression model...Ch. 7 - More engine size In Exercise 16, the regression...Ch. 7 - Cereal again The correlation between a cereals...Ch. 7 - Prob. 22ECh. 7 - Prob. 23ECh. 7 - Prob. 24ECh. 7 - Prob. 25ECh. 7 - Prob. 26ECh. 7 - Prob. 27ECh. 7 - Residuals Tell what each of the residual plots...Ch. 7 - Real estate A random sample of records of home...Ch. 7 - Prob. 30ECh. 7 - Prob. 31ECh. 7 - Prob. 32ECh. 7 - Real estate again The regression of Price on Size...Ch. 7 - Prob. 34ECh. 7 - Prob. 35ECh. 7 - More misinterpretations A Sociology student...Ch. 7 - Real estate redux The regression of Price on Size...Ch. 7 - Prob. 38ECh. 7 - Prob. 39ECh. 7 - Prob. 40ECh. 7 - Prob. 41ECh. 7 - Last ride Consider the roller coasters (with the...Ch. 7 - Prob. 43ECh. 7 - Prob. 44ECh. 7 - Prob. 45ECh. 7 - Prob. 46ECh. 7 - Prob. 47ECh. 7 - Prob. 48ECh. 7 - Prob. 49ECh. 7 - Interest rates and mortgages 2015 again In Chapter...Ch. 7 - Online clothes An online clothing retailer keeps...Ch. 7 - Online clothes II For the online clothing retailer...Ch. 7 - Prob. 53ECh. 7 - Success in college Colleges use SAT scores in the...Ch. 7 - SAT, take 2 Suppose we wanted to use SAT math...Ch. 7 - Prob. 56ECh. 7 - Prob. 57ECh. 7 - Wildfires 2015sizes We saw in Exercise 57 that the...Ch. 7 - Used cars 2014 Carmax.com lists numerous Toyota...Ch. 7 - Drug abuse revisited Chapter 6, Exercise 42...Ch. 7 - Prob. 61ECh. 7 - Prob. 62ECh. 7 - Prob. 63ECh. 7 - Chicken Chicken sandwiches are often advertised as...Ch. 7 - Prob. 65ECh. 7 - Cost of living 2016 Numbeo.com lists the cost of...Ch. 7 - Prob. 67ECh. 7 - Prob. 68ECh. 7 - Prob. 69ECh. 7 - Climate change 2016, revisited In Exercise 69, we...Ch. 7 - Prob. 71ECh. 7 - Prob. 72ECh. 7 - Prob. 73ECh. 7 - Heptathlon revisited again We saw the data for the...Ch. 7 - Hard water In an investigation of environmental...Ch. 7 - Gators Wildlife researchers monitor many wildlife...Ch. 7 - Prob. 77ECh. 7 - Least squares Consider the four points (200,1950),...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- In a particular statistics exam, the 15th percentile of final exam score is 30, and the 85th percentile of final exam score is 90. A histogram of the scores approximately follows the normal curve. What is the approximate standard deviation of the final exam scores? Hints: What is the z value in the normal table that gives you closest to 70% of the area between -z and z? Now what does that tell you about the number of SDs in between 30 inches and 90 inches? You might find it helpful to draw a picture of the normal curve with original units and standard units. Group of answer choices 14.3 28.6 57.2 10.9arrow_forwardIn a particular statistics exam, the 15th percentile of final exam score is 30, and the 85th percentile of final exam score is 90. A histogram of the scores approximately follows the normal curve. What is the approximate standard deviation of the final exam scores? Hints: What is the z value in the normal table that gives you closest to 70% of the area between -z and z? Now what does that tell you about the number of SDs in between 30 inches and 90 inches? You might find it helpful to draw a picture of the normal curve with original units and standard units. a. 14.3 b. 57.2 c. 28.6 d. 10.9arrow_forward
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License